Aviv Malinovitch, vice president and general manager of CEVA's Connectivity business unit, stated: "We are delighted to announce NXP as a licensee for our Bluetooth Smart IP, further extending our position as the undisputed leader in connectivity IP for the Internet of Things and beyond. NXP is at the forefront of innovation in the IoT domain, and we're excited to partner with them as they continue push the boundaries of how we interact with the devices and objects in the world around us."

In addition to Bluetooth Smart 4.2, the RivieraWaves Bluetooth Smart Ready 4.2 and Wi-Fi 802.11a/b/g/n/ac connectivity IP platforms can be seamlessly integrated for customers requiring multiple wireless standards in their product designs. The platforms also incorporate a smart co-existence interface which handles Wi-Fi/Bluetooth traffic arbitration to avoid interference. For more information, visit http://www.ceva-dsp.com/RivieraWaves-Bluetooth-Platforms.

About CEVA, Inc. CEVA is the leading licensor of cellular, multimedia and connectivity technologies to semiconductor companies and OEMs serving the mobile, consumer, automotive and IoT markets. Our DSP IP portfolio includes comprehensive platforms for multimode 2G/3G/LTE/LTE-A baseband processing in terminals and infrastructure, computer vision and computational photography for any camera-enabled device, audio/voice/speech and ultra-low power always-on/sensing applications for multiple IoT markets. For connectivity, we offer the industry's most widely adopted IPs for Bluetooth (Smart and Smart Ready), Wi-Fi (802.11 a/b/g/n/ac up to 4x4) and serial storage (SATA and SAS). One in every three phones sold worldwide is powered by CEVA, from many of the world's leading OEMs including Samsung, Huawei, Xiaomi, Lenovo, HTC, LG, Coolpad, ZTE, Micromax and Meizu. Visit us at www.ceva-dsp.com and follow us on Twitter, YouTube and LinkedIn.